Consumer-focused privacy company Cloaked raises $375M as it expands to enterprise | TechCrunch

"We've seen AI get better than humans at compromising individuals. And we look at this as a problem of personal safety, family safety, and financial fraud. We also see [AI proliferating] around scam spam and phishing. And it comes down to now in this age around surveillance, how do you find a solution that fits between these different aspects, and we're winning in this category from the consumer side."

"Cloaked, the company that instead offers a bundle of security and privacy solutions, announced on Thursday that it has secured $375 million in Series B funding and growth financing to expand its consumer offering and move into the enterprise market."

"The startup intends to expand its AI-powered screening protection to text messages, email, and browsing this year. It's also testing an AI agent that could take actions on behalf of you, such as changing the password for a service whose data has been compromised."

Cloaked, founded in 2020 by brothers Arjun and Abhijay Bhatnagar, offers an integrated suite of security and privacy tools including identity masking, data removal, VPN, dark web monitoring, and AI-powered call screening. The company addresses the fragmentation of consumer security by bundling multiple protective services into one platform. With $375 million in new funding, Cloaked plans to expand AI-powered screening to text messages, email, and browsing, while developing an AI agent to automate security responses like password changes. The company achieved 10x growth last year with over 350,000 paying customers and has protected 10 million identities, positioning itself to combat AI-enabled threats including scams, phishing, and financial fraud.

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